Job Posting CLOSED
Loan Documentation Specialist II
Position Overview
The
Loan Documentation Specialist II supports, processes and reviews loan
origination and renewal documents for consumer and commercial loan products.
Responsible for reviewing credit approval request, determining loan structure
and preparing required documentation for closing. This position works with loan
officers, title companies, and attorneys’ through all stages of the document
preparation and processing in accordance with established guidelines.
Major
Duties & Responsibilities
· Coordinates consumer, commercial and commercial real estate
loan documents for processing to meet scheduled closing timeframes. Reviews
third party documents such as title and appraisals. Verifies
accuracy of the loan docs
· Ensures all requirements and conditions to close are
satisfied before releasing documents for closing
· Coordinates builder approval
process to ensure the loan is ready by the closing date
· Obtains information related to the loan origination process
including: ordering credit reports, appraisals, preliminary title reports, UCC
searches, environmental reports, insurance information, flood certificates,
Secretary of State filings and various other items
· Prepares and reconciles the loan origination documents for
commercial, commercial real estate, construction and consumer loans
· Review
outside counsel documentation prior to closing
· Conducts pre-closing
review of loan documents
· Review
loan packages for compliance with Federal regulations and Credit Policy
Guidelines
· Review
closed loan packages to ensure required and properly executed documents are on
file
· Able to work with third party vendors and be familiar with their
product reporting
· Complies with all regulations that apply within
the scope of the position, including BSA, AML, OFAC and CIP
· Participates in community
events to keep with the “Team Marine” philosophy and image
MINIMUM QUALIFICATIONS:
Education and Experience:
· High School Diploma or GED equivalent
required
· Four years loan documentation experience
preferred, or
· Any related combination of training and
experience
Knowledge, Skills and Abilities
· Knowledge
of LaserPro or equivalent loan documentation system
· Advanced
knowledge of Microsoft office products and the ability to grasp computer
software concepts
· Knowledge
of the banking industry including loan accounting
· Knowledge and
understanding of commercial and consumer loan documents
· Understanding
of corporate structures
· Ability
to work in an organized manner and maintain confidentiality
· Ability
to understand financial information, including but not limited to income and
expense statement, balance sheet, tax documents, corporate annual reports
· Ability
to communicate effectively verbally and in writing
· Ability
to establish and maintain effective working relationships with employees and
customers